LONDON , England -LRB- CNN -RRB- -- British Airways has agreed to buy L'Avion , the French all-business class carrier and plans to integrate the airline into its recently launched subsidiary , OpenSkies .

L'Avion was launched in January 2009 and employs 77 staff in Paris .

The $ 108 million -LRB- # 54 million -RRB- deal marks the departure of the last stand-alone all-business airline following the demise of MAXJet , Eos and Silverjet over the last six months .

OpenSkies , launched on June 19 between Paris Orly and New York JFK , already operated a codeshare agreement with L'Avion that flies out of Orly to Newark , New York . Following integration , OpenSkies will increase the frequency of its Orly-JFK service to three daily flights .

OpenSkies currently operates one Boeing 757 with 24 flat-bed berths in business class , 28 seats in premium economy and 30 in economy . L'Avion , launched in January 2007 , flies two Boeing 757s with 90 business-class seats . BA is yet to decide whether L'Avion planes will be changed to a three-class layout .

`` L'Avion is a successful airline that has built up a premium business between Orly and New York in a relatively short period of time , '' said British Airways ' chief executive , Willie Walsh in a statement .

`` It has many synergies with OpenSkies and buying it provides OpenSkies with a larger schedule and an established customer base in the Paris-New York market . ''

Christophe Bejach , co-founder and chairman of L'Avion , said he was happy with the deal . `` This transaction will strengthen our current base and enable the combined airline to grow faster and stronger . ''

Completion of the deal is expected this month and , if approved , full integration will take place in early 2009 .

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British Airways has bought French all-business carrier L'Avion for # 54 million

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The airline will be integrated into its E.U.-U.S. OpenSkies subsidiary

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If approved , full integration is expected in early 2009